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Carey, Henry Charles

economist, author, was born Dec. 15, 1793, in Philadelphia, Pa. He was one of the foremost of American political economists who advocated protection as a preliminary step toward ultimate free trade.

He opposed such theorists as Malthus and Ricardo, holding that human progress depends upon success in subjugating nature; that land values depend upon labor; and that the social well-being is directly dependent upon existing conditions. He was the author of Principles of Political Economy; The Credit System; The Principles of Social Science; Lectures on the Currency; Letters on Political Economy; Letters on International Copyright; Financial Crises; and The Unity of Law. He died Oct. 13, 1879, in Philadelphia.